SolGold settles litigation with former chief executive officer

(Alliance News) - SolGold PLC on Friday said it has settled litigation proceedings with its ...

Alliance News 21 February, 2025 | 10:57AM
Email Form Facebook Twitter LinkedIn RSS

(Alliance News) - SolGold PLC on Friday said it has settled litigation proceedings with its former Chief Executive Officer Darryl Cuzzubbo.

The Ecuador-focused exploration company said it has made a payment to Cuzzubbo in respect of the settlement. The terms of the settlement are otherwise confidential.

The company said it no longer contends that Cuzzubbo "engaged in any serious misconduct" while working for SolGold.

The firm said it agrees that its view of the company's operation differed to Cuzzubbo's at the time of his termination.

SolGold shares were up 0.9% to 6.63 pence in London on Friday morning.

By Michael Hennessey, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2025 Alliance News Ltd. All Rights Reserved.

Email Form Facebook Twitter LinkedIn RSS

Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
SolGold PLC 6.36 GBX -3.20 -

About Author

Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.

© Copyright 2025 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures